In 9 US states, a divorce could mean losing half of everything you own - Business Insider

rates in America vary, but the reality is many marriages reach this unfortunate conclusion, and the aftermath is frequently messy, both emotionally and financially.

When a couple joins as one, their assets typically combine to form a marital estate, and anything they acquire thereafter becomes joint property. Upon divorce, those assets — including real estate, dependent children, income, cars, furniture, investments, andIf you and your spouse can't agree on how to divide all or part of your assets when you get divorced, there are two ways they could be divided, depending where you live.

The states that observe this law are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Residents of A court may also deem marital assets "quasi-community property" if, at the time they were acquired, the couple lived in a non-community property state but later moved to and filed for divorce in a community property state.

It's possible that a judge in one of the 41 equitable distribution states will decide to split the assets 50/50 anyway after taking a variety of factors into account, but it's not a given. And even so, couples are generally encouraged to arrive at a settlement agreement before a judge has to weigh in.

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Trump, Ocasio-Cortez, politicians wrong about US economy, stock market - Business InsiderTrump says stock records prove the economy is great. Alexandria Ocasio-Cortez thinks it's terrible for normal people. They're both wrong — and right. pearkes stock market is not economy. you cannot say bunch of virtual indices exchanged as bond or stock are economy. because they circulate hands in hands in day trading and general stock trading. you do not know where specific stock or bond ends up. it is not economy. it is ponzi scheme pearkes Thank you for your opinion piece. I found it interesting and educational. It left me with some questions though. If stock prices rising significantly because of 15% tax cuts how accurately do they reflect health and productivity of a company? Is the market overflated? pearkes If overflated, how would a severe correction influence the other numbers you mentioned?
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